; There are many payment methods of credit card, which can be roughly divided into non-card payment and card payment. Among them, card payment is based on POS machine, and can be divided into flash payment and credit card payment. And many people are confused about flash payment of credit cards and swiping cards. I don't know what the difference is. Here is a brief introduction.

actually, there are two differences between flash payment and credit card swiping. One is the different types of credit cards, and the other is the different requirements for POS machines.

1. Credit card flash payment:

As we know, credit cards can be divided into IC cards and magnetic stripe cards, and flash payment is a Quick transaction method of UnionPay financial IC cards. All these credit cards bear the sign of flash payment, such as magnetic stripe cards, which do not support UnionPay flash payment, and flash payment must be equipped with a POS machine with the sign of "Quick" flash payment.

For this reason, when both the flash payment credit card and the flash payment POS machine are ready, you can touch the credit card on the POS machine and complete the payment with a click, because most flash payment credit cards have a small secret-free visa-free function by default, and you don't need to enter a password for a single consumption not exceeding 1 yuan. Of course, you can also apply to the bank to close the double-free function.

2. Credit card swiping:

This payment method does not require credit cards and POS machines. The only requirement is that the settlement channel of POS machines should be the same as that of credit card organizations. For example, UnionPay cards can only swipe UnionPay POS machines.

under the condition of normal credit card status, whether it is a magnetic stripe card or an IC card, you can swipe your card on the POS machine, but the way of swiping your card is different. For example, the magnetic stripe card is swiped, that is, the credit card is swiped in the card slot of the pos machine for payment; An IC card is a card insertion, that is, an upgraded credit card with an IC chip is inserted into the card slot of a POS machine for payment.

that's the introduction of the difference between credit card flash payment and credit card swiping. You can take out your own magnetic stripe card and IC flash payment card and experience it yourself on the POS machine.